GE signs $1B service agreement for Sabine Pass LNG export terminal

GE

GE (NYSE: GE) and Sabine Pass Liquefaction, a subsidiary of Cheniere Energy Partners LP (NYSE MKT: CQP), have entered into a $1 billion, 20+-year service contract under which GE will provide spare parts and planned inspections, maintenance services, and round-the-clock technical support for the gas turbines and refrigerant compressors on the first four LNG trains currently under construction at the Sabine Pass LNG export facility.

Each train will have six gas turbines and is expected to have nominal capacity to produce approximately 4.5 million metric tons per annum (mtpa) of LNG. GE will be supplying services for the following products: 24 PGT25+ G4 gas turbines to power the LNG trains; 56 centrifugal compressors, and associated auxiliaries.

GE’s Oil & Gas Services 2.0 package will use its Predictivity technology for equipment monitoring and preemptive maintenance, thus maximizing uptime. The project also will benefit from the Houston GE Oil & Gas iCenter, which features more than 11 million hours of machine data and is one of three global centers strategically set up in different time zones to ensure 24/7 monitoring and diagnostics services for GE Oil & Gas’ installed fleet.

 

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